iPad 2: Thinner, faster and same price as first

Despite being on medical leave Apple's Steve Jobs announced the iPad 2 Wednesday, a device both faster and thinner than its predecessor.

The new iPad adds two cameras for video chatting as well video recording. A downloadable iMovie app also allows people to edit movies on the device and a GarageBand app lets people make music.

The device ships March 11 and hits the same price points as the original - starting at $500 (rounded). 3G models compatible with either (not both) Verizon or AT&T's network will ship for about $130 more than their Wi-Fi-only counterparts.

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